Innovestor leads €1.1m seed round for Linear

The round also saw participation from previous backer Superhero Capital, an investor in Linear since 2019.

The startup will use the proceeds for future growth and expansion to new markets. The company was founded in 2018 and currently serves 600 registered realtors as customers.

The company said in a statement that although its platform was launched in 2019, it had shown strong growth, with revenues increasing by 14% month-over-month during the first half of 2020.

Previous funding
Helsinki-based VC firm Superhero Capital first invested in Linear in a pre-seed round in 2019.   

Company
Founded in 2018, Linear is a software company providing automation and digital marketing tools to manage sales and acquire new customers. Its customers include both private sellers and professional realtors. The company has fewer than 50 staff. 

People
Linear – Miro Eriksson (CEO).
Innovestor – Wilhelm Lindholm (partner).

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